AUDUSD is plotting for a bearish chart.
AUDUSD / 4H
Hello traders, welcome back to another market breakdown.
AUDUSD has been trading in a down trend, as a trend following strategy, traders should be looking to sell for a swing.
The second leg pull back is almost complet. The price is trading inside a bearish wedge. In such contex, beginners should look to sell short after the breakout from this wedge. However, experienced traders will look to sell short at the measured move and manage the trade from there.
Trade safe,
Trader Leo.
Hello traders, welcome back to another market breakdown.
AUDUSD has been trading in a down trend, as a trend following strategy, traders should be looking to sell for a swing.
The second leg pull back is almost complet. The price is trading inside a bearish wedge. In such contex, beginners should look to sell short after the breakout from this wedge. However, experienced traders will look to sell short at the measured move and manage the trade from there.
Trade safe,
Trader Leo.
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m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap